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Stock markets are plunging and investment banks collapsing. What does this mean for the ?
Andrew Neal asked three experts whether they think that under the current financial circumstances, capitalism will die. He spoke to George Galloway, Claire Fox and Duncan Bannatyne.
They held differing views, but seemed to agree that capitalism will survive this difficult time by mutating and adapting. George said that "there is no alternative system ready and waiting to take over".
Duncan believes we should distinguish between the financial traders and entrepreneurs "that create something - they create jobs and they create businesses".
He concluded: "If you end capitalism, you might as well end the world".
See also: Watch Branson, Clarke & Robinson on economy crisis.
See also: , "arguably our greatest living historian" according to the New York Review, on the Today programme.
So, is capitalism dead? What, if anything, needs to change?
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